Member Info for willow5

https://www.ft.com/content/6e1a3b62-6a97-4871-90de-aff6970451b8

Times article posted today

A judge agreed on Friday to stay a claim for more than £1 million ($1.2 million) for outstanding rent from a Cineworld cinema site in London that was not paid during the coronavirus pandemic.

Thank you for explaining this for me. Then its clear to me that the business model is viable, just needs to buy some time to sort through these issues.

Thank you Hexam, I just don't hear about Vue and others struggling in the news headlines. This to me seems a direct consequence of Covid and nothing more, nothing less. Am I right ?

Many thanks ! So what I can't get my head around is if Cineworld is struggling as the largest provider, why the whole sector isn't suffering as well or am I missing something that is unique to Cineworld here ?

Does anyone know what market share Cineworld has in the UK i.e. are they the biggest chain in the UK ?

Last few days have sent this above 500p, anyone know why?

I have heard that CPP are planning to consolidate all shares very soon. Is this true and is it good or bad news for shareholders?

are you referring to this:
We are thrilled to announce that CPP Group have just reached a milestone, with over 10 million customers worldwide!

http://ii.11fs.com/49

· Group revenue increased by 17% to £60.2 million (H1 2018: £51.3 million) continuing the strong growth trajectory from previous periods.

· Revenue from Ongoing Operations increased by 28% to £51.4 million (H1 2018: £40.0 million), which includes a 45% increase in Indian revenue to £40.9 million (H1 2018: £28.3 million).

· Adjusted EBITDA increased by 25% to £3.6 million (H1 2018: £2.9 million).

· EBITDA increased by 30% to £2.3 million (H1 2018: £1.8 million).

· Overall, currency movements across our international markets adversely impacted reported results. At constant currency:

· Group revenue increased 19%.

· Revenue from Ongoing Operations increased 30%.

· Adjusted EBITDA increased by 34%.

· EBITDA increased by 44%.

· Profit before tax reduced by 36% to £0.9 million (H1 2018: £1.3 million).

· Customer numbers have increased to 9.0 million (H1 2018: 6.7 million; 31 December 2018: 8.2 million).

I can't quite work out if this is a pump and dump or a genuine rise, has there been any significant news here recently apart from the debt position and selling of the airline business ?

CPP Group are continuing to expand into new markets internationally. This includes the recent creation of an operational hub in Singapore which is our base to service adjacent markets in Southeast Asia and build on our existing presence in Malaysia. Since establishing ourselves in this region we are looking to grow our team.

This is the headline: Insurer enjoys an Indian summer after storms in the UK

What is a 1 code trade?

They haven't made enough of a profit to justify a significant share price increase. Businesses are not measured by revenue alone.

Not sure I would agree, profit is down to 300k !

We’re immensely proud to be sponsoring InsTech London's kick-off event for 2019. We will review the standouts from 2018 and hear about the emerging trends in the InsTech scene for 2019. To register visit www.instech.london/events/ or email sayhello@cpp.co.uk to find out more.

https://www.insuranceage.co.uk/technology/3774316/cpp-group-and-decyber-launch-online-security-products-for-sports-clubs